v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows From Operating Activities:    
Net loss $ (10,335) $ (5,875)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 594 827
Impairment of goodwill and intangibles 588 1,631
Loss on disposition of assets 10 0
Share-based compensation 4,076 2,433
Warranty provision (40) 90
Change in fair value of warrant liabilities (3,158) (9,572)
Non-cash lease expense (211) 292
Provision for credit losses 117 66
Inventory obsolescence reserve 36 15
Changes in assets and liabilities:    
Accounts receivable (2,391) 2,446
Inventories 1,163 (391)
Prepaid expenses and other current assets (16) 775
Accounts payable 11 (441)
Operating lease liabilities 221 (91)
Customer deposits 35 (975)
Accrued liabilities and other (951) 700
Warranty settlement (13) (79)
Deferred revenue (83) (39)
Other non-current assets 58 63
Net cash used in operating activities (10,289) (8,125)
Cash Flows From Investing Activities:    
Proceeds from maturities of short-term investments 0 7,500
Capital expenditures for property and equipment (100) (12)
Investment in patents, trademarks, and other intangibles (287) (156)
Net cash paid for acquisition of Intrensic 0 (20)
Net cash (used in) provided by investing activities (387) 7,312
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 245 588
Proceeds from issuance of Series B convertible preferred stock 4,500 0
Proceeds from issuance of warrants and common stock, net of offering costs 5,789 0
Dividends settled in cash 0 (120)
Net cash provided by financing activities 10,534 468
Net decrease in cash and cash equivalents (142) (345)
Cash and cash equivalents, beginning of period 3,610 3,955
Cash and cash equivalents, end of period 3,468 3,610
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Reclassification of warrant liabilities to additional paid in capital 12,151 0
Dividends on convertible preferred stock (1,067) (1,098)
Dividends settled with common stock $ 492 $ 1,158

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